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Team Lead, Reconciliation

Job Description

Serves as team superviser/manager for the day-to-day operations of a medium to large-sized Reconcilation support team, overseeing work direction and technical assistance on complex matters. Manages the daily activities of a Reconciliation support team and aligns team resources accordingly to complete the daily tasks. Oversees review of data and issue escalations. Serves as first line supervisor for assignment of tasks and resolution of issues. Directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team. Ensures the volume of work produced meets product/service standards and exceeds quality standards, and is properly reviewed and documented. Responsible for monitoring the resolution of complex break reports. Manages escalation of issues. . Provides oversight of daily, weekly and monthly reporting using an understanding of the stock record and knowledge of basic accounting. Coordinates initial regulatory reports. Is responsible for leading the testing of new technology solutions or enhancements, ensuring that reconciliation processes remain intact. Participates in the recruiting process. Instructs, assigns, directs and reviews the work of team. Prepares performance reviews and provides ongoing feedback to staff. Supervises/manages a medium to large-sized team of Reconciliation Support staff. May be responsible for specific supervisory review and approval actions. Helps develop and contribute to the achievement of team objectives.

Qualifications

High School/secondary school or the equivalent combination of education and experience is required. Bachelors degree preferred. 7 plus years of total work experience preferred. Experience in brokerage/banking operations preferred. For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

As our clients address evolving liquidity, risk and collateral eligibility needs as a result of changing regulations, Global Collateral Services helps them move collateral where and when they need it.
Backed by modern technology and multi-dimensional thinking, we're ready to deliver the expertise, products and services institutional investors and intermediaries need as they address their collateral, liquidity and securities financing needs. Our innovative, insight-driven solutions help our clients, whether on the buy-side or the sell-side, improve the way they manage their collateral, engage in more investment opportunities to help maximize their investment returns and access new financing alternatives.